529 Bullion BlvdWinchester, KY 40391
- Commercial real estate
- 5.64 AC
Property Details for 529 Bullion Blvd
- Lot size
- 5.64 AC
- Property type
- Commercial real estate
- APN
- 043-0000-003-08
- APU
- 43000000308
Description
This exceptional 3-acre commercial lot, situated at 529 Bullion Boulevard Unit 3A in Winchester, Kentucky, presents a unique investment opportunity. Ideally positioned along Bypass Road, a high-traffic artery with an average daily traffic count of 24,801 vehicles, this property benefits from its proximity to major retail anchors such as Kroger and Walmart. The lot is conveniently located in a second row position, offering visibility from the Bypass while also being situated within a residential area. The property is divisible, with options for subdivision into smaller parcels. Winchester, KY, the county seat of Clark County, enjoys a strong economic base supported by significant employers including Amazon, Ale-8-One, and Catalent Pharmaceuticals. The property's location within the Lexington-Fayette KY Metropolitan Statistical Area further enhances its appeal. Conceptual development plans, available online, illustrate the potential for a retail development of up to 22,800 square feet. This versatile property is well-suited for a variety of uses, including retail, office, storage, or mixed-use development, making it an attractive prospect for investors and developers seeking a prime location in a thriving community. The asking price is $775,000. Detailed conceptual plans are available for review.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $48,238,528
- Hospitality
- $44,186,236
- Educational
- $36,762,428
- Medical
- $38,026,744
- Retail
- $57,186,000
Location Insight
- City
- Winchester
- County
- Clark
- State
- Kentucky
- Latitude
- 37.9906
- Longitude
- -84.2137
- CBSA code
- 30460
- CBSA name
- LEXINGTON-FAYETTE, KY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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